Moss Bros finance chief shown door

MOSS Bros, the embattled suit hire and menswear chain, has bid farewell to its finance director, completing the departure of all the senior executives who presided over its disastrous past two years.

Richard Scott, appointed in November 2000, was asked to go as part of the group's retrenchment following Moss Bros's ill-judged bid to enter the leisurewear market just as the trend for 'dressing down' fell out of fashion. Scott is negotiating a pay-off which is expected to be about £135,000 - equivalent to one year's pay.

Scott will be replaced by Scotsman Roddy Murray, 41, who has a reputation as a turnaround specialist after his involvement in rescuing discount clothes retailer Mackays.